30 September 2022
The Berkeley Group Holdings plc
(the "Company")
Transactions of persons discharging managerial responsibilities
Directors' Beneficial Shareholdings
On 30 September 2022, options to acquire Shares granted under the 2011 LTIP vested.
The Company was notified on 30 September 2022 that the Directors detailed below had exercised their options to acquire Shares at an option exercise price of £5.30 per Share. The Company was also notified on 30 September 2022 that The Berkeley Group Holdings plc Employee Benefit Trust (the "EBT") had transferred Shares to those Directors net of the option exercise price and employee's income tax and national insurance contributions as detailed in the below table.
Vesting of 2011 LTIP
|
Name of Director |
Number of Shares received following exercise of Option |
Percentage of Issued Share Capital |
Total Beneficial Holding following Notification |
Percentage of Issued Share Capital held beneficially following Notification |
|
|
R C Perrins |
a) 119,214 |
a) 0.11% |
a) 957,180 (R C Perrins) b) 255,190 (Mrs V W Perrins) |
a) 0.88% b) 0.23% |
|
|
R J Stearn |
a) 29,019 |
a) 0.03% |
a) 138,446 (R J Stearn) b) 98,427 (Mrs J P Stearn) |
a) 0.13% b) 0.09% |
|
|
K Whiteman
|
a) 32,163 |
a) 0.03% |
a) 276,641 (K Whiteman) b) 83,353 (Mrs M Whiteman) |
a) 0.25% b) 0.08% |
|
|
J Tibaldi |
a) 26,679 |
a) 0.02% |
a) 98,648 (J Tibaldi) b) 16,520 (Mrs M Tibaldi) |
a) 0.09% b) 0.02% |
|
|
P Vallone |
a) 26,679 |
a) 0.02% |
a) 95,569 (P Vallone) b) 23,098 (Mrs A Vallone) |
a) 0.09% b) 0.02% |
|
1. K Whiteman subsequently transferred 28,947 of the resultant Shares to his spouse, Mrs M Whiteman.
Vested options can be exercised up to and including 4 September 2026 subject to the rules of the 2011 LTIP.
The Company was also notified on 30 September 2022 that, in accordance with the rules of the 2011 LTIP permitting 10% of Shares acquired on exercise of options to be sold each year, two Directors had sold Shares following the exercise of their options as specified in the table below. The Shares were sold on 30 September 2022 at a price of £32.494296 per Share.
|
Name of Director |
Number of Shares sold |
Percentage of Issued Share Capital |
Total Beneficial Holding following Notification |
Percentage of Issued Share Capital beneficially held following Notification |
|
R J Stearn |
a) 2,901 |
a) 0.00% |
a) 135,545 (R J Stearn) b) 98,427 (Mrs J P Stearn) |
a) 0.12% b) 0.09% |
|
K Whiteman |
a) 3,216 |
a) 0.00% |
a) 273,425 (K Whiteman) b) 83,353 (Mrs M Whiteman) |
a) 0.25% b) 0.08% |
The information set out above is provided in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation.
For further information please contact:
Novella Communications
Tim Robertson
T: 020 3151 7008
Ann Dibben
Company Secretary
The Berkeley Group Holdings plc
Tel: 01932 868555
LEI: 2138009OQSSLVVHQAL78
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Robert Perrins |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Chief Executive |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
The Berkeley Group Holdings plc |
||||
|
b) |
LEI |
2138009OQSSLVVHQAL78 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification Code |
Ordinary Shares of 5.4141p each
|
||||
|
b) |
Nature of the transaction(s) |
Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
n/a single transaction
|
||||
|
e) |
Date of the transaction |
2022-09-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Richard Stearn |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Group Finance Director |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
The Berkeley Group Holdings plc |
||||
|
b) |
LEI |
2138009OQSSLVVHQAL78 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification Code |
Ordinary Shares of 5.4141p each
|
||||
|
b) |
Nature of the transaction(s) |
1. Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. 2. Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
n/a single transaction |
||||
|
e) |
Date of the transaction |
2022-09-30 |
||||
|
f) |
Place of the transaction |
1. Outside a trading venue 2. London Stock Exchange, Main Market (XLON) |
||||
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Karl Whiteman |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Divisional Executive Director |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
The Berkeley Group Holdings plc |
||||
|
b) |
LEI |
2138009OQSSLVVHQAL78 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification Code |
Ordinary Shares of 5.4141p each
|
||||
|
b) |
Nature of the transaction(s) |
1. Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. 2. Sale of Ordinary Shares 3. Transfer of Ordinary Shares to Mrs Melanie Whiteman |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
n/a single transaction
|
||||
|
e) |
Date of the transaction |
2022-09-30 |
||||
|
f) |
Place of the transaction |
1. Outside a trading venue 2. London Stock Exchange, Main Market (XLON) 3. Outside a trading venue |
||||
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Melanie Whiteman |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Person closely associated to Karl Whiteman, Divisional Executive Director |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
The Berkeley Group Holdings plc |
||||
|
b) |
LEI |
2138009OQSSLVVHQAL78 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification Code |
Ordinary Shares of 5.4141p each
|
||||
|
b) |
Nature of the transaction(s) |
Acquisition of Ordinary Shares from Mr Karl Whiteman |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
n/a single transaction
|
||||
|
e) |
Date of the transaction |
2022-09-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Justin Tibaldi |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Divisional Executive Director |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
The Berkeley Group Holdings plc |
||||
|
b) |
LEI |
2138009OQSSLVVHQAL78 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification Code |
Ordinary Shares of 5.4141p each
|
||||
|
b) |
Nature of the transaction(s) |
Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
n/a single transaction |
||||
|
e) |
Date of the transaction |
2022-09-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Paul Vallone |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position / status |
Divisional Executive Director |
||||
|
b) |
Initial notification / amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
The Berkeley Group Holdings plc |
||||
|
b) |
LEI |
2138009OQSSLVVHQAL78 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification Code |
Ordinary Shares of 5.4141p each
|
||||
|
b) |
Nature of the transaction(s) |
Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
n/a single transaction
|
||||
|
e) |
Date of the transaction |
2022-09-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
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